3605 Ft Hamilton Pkwy Brooklyn, NY 11218-1905
- Auto shops
- 1,100 SF
- 0.07 lot acres
Dec 14, 2020
Current Use by Public Records
- VIP Car Care Center / Auto Repair Shop
- Memo Auto Repair / Auto Repair Shop
Property Details for 3605 Ft Hamilton Pkwy
- Year built
- 1931
- Lot size
- 0.07 lot acres
- Property size
- 1,100 SF
- Zone code
- M1-2
- Property type
- Auto shops
- APN
- 05292-0028
- APU
- 52920028
Description
This exceptional 11,950-square-foot medical office building presents a unique investment opportunity in the heart of Brooklyn's Boro Park neighborhood. Located at 3605 Fort Hamilton Parkway, this single-unit property boasts a prominent corner location with 243 feet of frontage on a high-traffic thoroughfare. The building sits on an 11,950-square-foot lot and is zoned M1-2, offering significant potential for development. While the existing building comprises 11,000 square feet, the zoning allows for a substantial increase in buildable square footage, with an estimated 23,000 square feet of commercial buildable space and an approximate 57,360 square feet community bonus. This prime location is ideal for a variety of uses, including yeshivas, offices, and medical facilities, making it an attractive proposition for investors seeking a high-return opportunity in a thriving Brooklyn community. The property's size and zoning regulations present a compelling case for expansion or redevelopment, capitalizing on the area's strong demand for commercial space. This is a rare chance to acquire a significant property in a highly desirable location with substantial upside potential.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,285,000
- ML approach
- $3,395,000
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Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9884
- Latitude
- 40.6443
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA